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Institutional Design and Regulatory Burden: Evidence from Student Financial Aid

26 Pages Posted: 5 Aug 2015  

Andrew B. Whitford

University of Georgia - Department of Public Administration and Policy

Janet S. Whitford

Informative Analytics, LLC

Date Written: August 3, 2015

Abstract

There has been much debate over the past several years about the financial burden of attending college. At the same time, the growth of for-profit institutions has led some to call for more stringent regulation of access to federal financial aid. In this paper, we first review general concerns about the regulatory environment for student financial aid. We then describe a unique data source on the regulatory burden imposed on universities and colleges that administer financial aid programs of the federal government. We argue that both researchers and practitioners should focus on the regulatory environment as a window on the fuel that feeds the institutional design of universities and colleges.

Keywords: Regulatory Burden, Student Financial Aid, Institutional Design

JEL Classification: G18, K2, I22, I28

Suggested Citation

Whitford, Andrew B. and Whitford, Janet S., Institutional Design and Regulatory Burden: Evidence from Student Financial Aid (August 3, 2015). Available at SSRN: https://ssrn.com/abstract=2639225 or http://dx.doi.org/10.2139/ssrn.2639225

Andrew B. Whitford (Contact Author)

University of Georgia - Department of Public Administration and Policy ( email )

Athens, GA 30602
United States
706-542-2898 (Phone)
706-583-0610 (Fax)

HOME PAGE: http://andrewwhitford.com

Janet S. Whitford

Informative Analytics, LLC ( email )

262 Silverwood Court
Athens, GA 30605
United States

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